Assignment 2
ENGI-3336-WA and WB Engineering Economics and Project Management
Notes:
1. The due date for this assignment is March 30 (for both sections).
Problem:
The Scheduling Department of an engineering firm has prepared the following list of
tasks fo

1. (5 marks)
Jane is planning to make deposits of $500 into a registered retirement savings plan every
month. What would be the future worth of these deposits ten years from now? The
interest rate of the account is 10% compounded quarterly?
A.$102,356 0,

Answers to Recommended Problems - Chapter 5
5.3-
a) A no payback period
B 2 years
C 3 years
D 1 year
b) It could be considered as a two separate projects, where the first one is
recovered in one year and the second one with investments in year 2 and 3 is